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Chainlink partners with Apex Group, GLEIF, and the ERC-3643 Association to launch an automated compliance engine.
Odaily News The on-chain financial standard Chainlink announced today the launch of the Chainlink Automated Compliance Engine (ACE) in collaboration with Apex Group, GLEIF, and the ERC-3643 Association. This is a unified modular standard designed to address all on-chain compliance issues and connect institutional capital to the on-chain economy. The Automated Compliance Engine is developed based on the Chainlink Runtime Environment (CRE) and aims to support both traditional finance and Decentralized Finance. It will create compliant digital assets and services across various public chains and Private Blockchains, laying the groundwork for over $100 trillion of institutional capital to enter the on-chain economy.